Independent Bank (INDB) Net Income (2010 - 2026)
Independent Bank's (INDB) quarterly Net Income came in at $79.9 million in Q1 2026, up 79.9% year-on-year from $44.4 million in Q1 2025, and up 6.08% quarter-over-quarter from $75.3 million in Q4 2025.
Independent Bank (INDB) Net Income (2010 - 2026) Analysis & Trends
Independent Bank's Net Income history runs 17 years deep, the most recent figure standing at $79.9 million for Q1 2026.
- On a quarterly basis, Net Income rose 79.9% year-over-year to $79.9 million in Q1 2026; TTM through Mar 2026 was $240.6 million, a 27.49% increase from a year earlier, with the FY2025 full-year figure at $205.1 million, up 6.79% from the prior year.
- Net Income advanced to $79.9 million in Q1 2026 per INDB's latest filing, from $75.3 million in the prior quarter.
- Across five years, Net Income topped out at $79.9 million in Q1 2026 and bottomed at $34.3 million in Q3 2025.
- The 5-year median for Net Income is $54.8 million (2023), against an average of $57.7 million.
- Across the five-year window, Net Income jumped 4426.62% in 2022 and declined 29.37% in 2024, its largest moves.
- Year by year, Net Income stood at $77.0 million in 2022, then decreased by 28.87% to $54.8 million in 2023, then decreased by 8.7% to $50.0 million in 2024, then surged by 50.57% to $75.3 million in 2025, then advanced by 6.08% to $79.9 million in 2026.
- Per Business Quant, the three latest INDB Net Income figures stand at $79.9 million (Q1 2026), $75.3 million (Q4 2025), and $34.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 1.77 Bn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -385.94 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 428,428.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 3.45 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 2.24 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | 3.36 Bn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 4.33 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 5.07 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 1.77 Bn |
| 10 | Independent Bank | 4.15 Bn | 4.10 Bn | - | 79.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.92 Mn |
| Dec 31, 2025 | 75.34 Mn |
| Sep 30, 2025 | 34.26 Mn |
| Jun 30, 2025 | 51.10 Mn |
| Mar 31, 2025 | 44.42 Mn |
| Dec 31, 2024 | 50.03 Mn |
| Sep 30, 2024 | 42.95 Mn |
| Jun 30, 2024 | 51.33 Mn |
| Mar 31, 2024 | 47.77 Mn |
| Dec 31, 2023 | 54.80 Mn |
| Sep 30, 2023 | 60.81 Mn |
| Jun 30, 2023 | 62.64 Mn |
| Mar 31, 2023 | 61.25 Mn |
| Dec 31, 2022 | 77.04 Mn |
| Sep 30, 2022 | 71.90 Mn |
| Jun 30, 2022 | 61.78 Mn |
| Mar 31, 2022 | 53.10 Mn |
| Dec 31, 2021 | 1.70 Mn |
| Sep 30, 2021 | 40.01 Mn |
| Jun 30, 2021 | 37.57 Mn |